Do lots and lots of research.

Here is how I would do it:

• I would start by skimming summaries and rejecting any that don't make sense, don't describe a promising business, or don't look legitimate. That should weed out 80% - 90%. It is important to not worry about accidentally rejecting good projects. It is ok to miss a few.
• Then, I would start reading the white papers of the ones that are left. Reject any that don't actually describe how everything works, that make unreasonable claims, or that you don't understand. In the end, you will be left with very few to choose from. Investigate the team. Would you hire them to develop a project? Evaluate the roadmap. Reject it if it doesn't seem reasonable. If you end up rejecting all of the ICOs, then start over or give up.
• Next, I would evaluate the remaining ICOs for risk, and estimate their potential returns.
• Finally, I would invest in my top picks. It is important to expect that most of these will fail, but the ones that succeed should make up for the failures.

Thanks for such wide answer. I think this is best reply to this topic question. Now I’m going to use your strategy of searching promising ICOs.


I wouldn't evaluate ICOs according to ratings by random sites. That seems like a horrible idea. It is doubtful that they did proper research and it is likely that they are paid for high ratings.

Also, it is harder to find a legitimate ICO than an ICO that promises a high-yield.